Tex. Occ. Code Section 1802.152
Management of Fund

(a)

The department is the manager of the fund and shall maintain books and records of the fund.

(b)

The department, as manager, is entitled to compensation for reasonable and necessary costs and expenses for the management of the fund. The department shall be compensated from the earnings from the fund.

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999. Amended by Acts 2003, 78th Leg., ch. 816, Sec. 26.049, eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 1276, Sec. 14A.363, eff. Sept. 1, 2003.

Amended by:

Acts 2023, 88th Leg., R.S., Ch. 626 (H.B. 4416), Sec. 13, eff. September 1, 2023.

Source: Section 1802.152 — Management of Fund, https://statutes.capitol.texas.gov/Docs/OC/htm/OC.1802.htm#1802.152 (accessed Jun. 5, 2024).

1802.001
Definitions 1802.002
Applicability 1802.003
Preemption 1802.004
Advertisement of Auction 1802.005
Rules 1802.051
License Required 1802.052
Eligibility for Auctioneer’s License 1802.053
Eligibility for Associate Auctioneer License 1802.054
Application for License 1802.055
Application for Examination 1802.056
License Examination 1802.058
Reexamination 1802.101
Auctioneer Advisory Board 1802.102
Appointment of Advisory Board 1802.103
Terms 1802.104
Presiding Officer 1802.106
Compensation 1802.107
Meetings 1802.108
Civil Liability 1802.121
Written Contracts 1802.122
Standards of Practice 1802.151
Fund 1802.152
Management of Fund 1802.153
Additional Fees 1802.155
Liability 1802.202
Consumer Claims 1802.203
Hearing 1802.204
Appeal 1802.205
Payment of Claim 1802.206
Payment Limits 1802.207
Reimbursement 1802.208
Subrogation 1802.209
Effect on Disciplinary Proceedings 1802.251
Disciplinary Action 1802.252
Revocation for Claim on Fund 1802.253
Hearing by State Office of Administrative Hearings 1802.301
Practicing Without License 1802.302
Frivolous Claim

Accessed:
Jun. 5, 2024

§ 1802.152’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._occ._code_section_1802.152

Original Source: Section 1802.152 — Management of Fund, https://statutes.capitol.texas.gov/Docs/OC/htm/OC.1802.htm#1802.152 (last accessed Jun. 5, 2024).